• Home
• Channel: Finance
• Revolut Bank CEO Visits Hungary, Why?

Revolut Bank CEO Visits Hungary, Why?

• 13 Sep 2024 7:41 AM

National Economy Minister Marton Nagy met with executives of Revolut Bank at his office in Budapest on Thursday, his ministry said.

Mr Nagy met with Revolut Bank CEO Joseph Heneghan and deputy-CEO Vytautas Danta, as well as with Tamas Leder, the managing director of the financial services provider's Hungarian unit.

Mr Nagy highlighted the importance of digitalisation for the future of local financial services at the meeting, but said consumers and consumer protection was the priority.

He added that Revolut was expected to operate in a transparent matter, in compliance with regulations, and pay all of its tax liabilities.

Revolut has 45m users -- including 1.5m in Hungary -- and half a million business partners worldwide.

Source: 
MTI - The Hungarian News Agency, founded in 1881.

*********************************

You're very welcome to comment, discuss and enjoy more stories via our Facebook page: 
Facebook.com/XpatLoopNews + via XpatLoop’s groups: Budapest Expats / Expats Hungary

You can subscribe to our newsletter here: XpatLoop.com/Newsletters

Do you want your business to reach tens of thousands of potential high-value expat customers? Then just contact us here!

• How does this content make you feel?
• I love it
• I like it
• I dislike it

• Revolut Economy Minister

Explore More Reports

Consumer Price Index Inches Up in Hungary - Basic Food Prices Up Steeply Again

• 13 Nov 2024 11:36 AM

Hungary's annualised consumer price index reached 3.2pc in October, inching up from 3.0pc in the previous month, data released by the Central Statistics Office (KSH) on Tuesday show.



GDP Falls in Hungary - Reasons for Weak Economic Performance Explained

• 1 Nov 2024 8:15 AM

Hungary's GDP contracted 0.7pc year-on-year in the third quarter, adjusted for seasonal and calendar year effects, a first reading of data released by the Central Statistics Office (KSH) on Wednesday shows.



Will We See 'Fantastic' Results from New Economic Policy in Hungary?

• 25 Oct 2024 11:38 AM

The government's new economic action plan could produce "fantastic results" in 2025, if Hungary follows through with its policy of economic neutrality, Prime Minister Viktor Orban said in a weekly interview with public radio on Friday.



Updated: NBH Sees Inflation Slowing Further in September in Hungary

• 27 Sep 2024 6:00 AM

August's 3.4pc CPI was in line with the National Bank of Hungary's expectations, and the central bank sees inflation falling to 3.1pc in September, Andras Balatoni, an NBH director said.